06 July 2020   14. Zul Qadah 1441
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World renown scholar addresses Durban businessmen

Overport, Durban: Darul Ihsan Humanitarian Centre hosted world-renowned scholar, Maulana Khalid Saifullah Rahmani of India for 2 days. On Wednesday afternoon, 11 December, a special programme for was held for businessmen at Darul Ihsan's Overport office. The programme was well attended by leading businessmen and young entrepreneurs of Durban. The guest of honour, Maulana Khalid Saifullah Rahmani was introduced by the Ameer of Darul Ihsan, Mufti Zubair Bayat, who welcomed the audience and explained how fortunate they were to be addressed by such a scholar of such high calibre. The guest then addresses the audience on some key issues pertaining to the virtue of business in Islam and the role of the Muslim trader.

Maulana explained, when other faiths and religions had condemned trade and business as a means of livelihood, and regarded is out of the fold of spirituality, Islam changed this negative perception by announcing the virtue of trade that is conducted in a permissible manner. Trade is encouraged in Islam as financial capacity brings strength to a community and creates opportunities of charity and good work. Many Ahadith and sayings of the pious inform us of the virtue and importance of business. An honest businessman will be with the martyrs and messengers on the day of Qiyamah.

Businessmen were reminded that Zakaat is the obligatory charity that must be fulfilled. Charity does not end with Zakaat but actually starts with it. Beyond one's obligation of Zakaat, a trader should set aside a sum to spend on family, poor, religious avenues like the Masjid, Madrasah and Islamic organisations. Allocation should also be made for Dawah, avenues in which the message of Islam could be spread, especially to non-muslims.

In his address, Maulana stressed on three key messages:
- The serious prohibition of interest with several examples of how interest is given and taken through invalid transactions.
- The importance of clarity in business matters, especially with regard to family businesses and transactions that are concluded on the basis of trust.
- Importance of recording transactions and ensuring that rights are fulfilled in terms of employment.

The talk was translated by Mufti Zubair and concluded with an interactive QnA session that was informative and engaging.

CLICK HERE for full lecture

Maulana Khalid Saifullah Rahmani (Hafizahullah) is the secretary of the Islamic Fiqh Academy of India, as well as the secretary of the Muslim personal law board of India, the founder of several institutions of note, a prolific author of over 100 books, many of them on contemporary Islamic issues. Maulana attends Islamic seminars, workshops, and conferences in many countries of the world.

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Important Dates

  • Thursday, 30 January 2020
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